526 -534 W 47th Street

Los Angeles , CA 90037

MLS#: 25582509

$4,725,000

Status: Active
Listing number: 25582509
Listing provided by: Keller Williams Luxury
Listing agent phone: None
Last update: a day ago
New on site 1 day ago
Browse Properties
Main image without alt text

Property

Beds

21

Full Baths

None

1/2 Baths

None

Year Built

1927

Sq.Footage

11,954

Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.

Features & Amenities

Interior

  • Total Bedrooms

    21

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.355

  • Property Type

    Residential Income

Price

  • Sales Price

    $4,725,000

  • Sq. Footage

    11, 954

  • Price/SqFt

    $395

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    6

  • Foundation Details

    Raised

  • Senior Community YN

    NO

  • Sewer

    Other

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Shahram Pourebrahim , Keller Williams Luxury

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.

526 -534 W 47th Street

Message successfully sent.

What would you like to know?

Related Properties

New on site 1 day ago
None
#25582913

Los Angeles

2910 Leeward Avenue

30 Beds

None Baths

22,620 Sq.Ft.

$4,095,000

MLS#: 25582913

New on site 1 day ago
We are pleased to present 1286 W 35th Place, a newly constructed 25-bed student housing community located just west of USC within the university's 24-hour DPS patrol zone. Purpose-built to capture strong demand from USC's 47,000+ students, 60% of whom live off campus, the property offers a diverse mix of layouts including two three-bedroom units, two five-bedroom units, and one six-bedroom unit. All units are fully furnished with open floor plans, quartz countertops, stainless steel appliances, in-unit laundry, central HVAC, pane windows, and built-in closets, combining comfort with modern design. The property is walkable to USC's main campus and just a half-mile from USC Village, with the Expo/Vermont Metro Station nearby providing easy access to Downtown Los Angeles, Mid-City, and the Westside. Bedrooms are oversized and light-filled, creating the opportunity for additional double-occupancy use and expanding appeal to a wide range of student renters. Offering both single-room and double-occupancy options at varied price points, the property attracts a broad tenant base from groups to individual renters, ensuring consistent leasing demand. Early leasing success has already validated the property's competitive position in the USC student housing market. In addition to its strong fundamentals, the property qualifies for 100% bonus depreciation under the One Big Beautiful Bill Act, creating a unique opportunity for investors to maximize early tax benefits through cost segregation. This combination of modern construction, durable student demand, and compelling tax advantages makes 1286 W 35th Place a rare turnkey opportunity in one of Los Angeles' most sought-after rental submarkets.
#25582605

Los Angeles

1286 W 35th Place

25 Beds

None Baths

7,090 Sq.Ft.

$4,799,000

MLS#: 25582605

New on site 4 days ago
We are pleased to offer for sale a 21-unit apartment community located at 161 South St Andrews Place. The subject property is located just south of Beverly Boulevard, three blocks away from Larchmont Village - one of LA's most distinct and well-regarded neighborhoods. The property is comprised of one three story building, situated on an 8,490 square foot parcel. Consisting entirely of one-bedroom units, the layouts are spacious and feature patios (86% of units), A/C units and on-site parking for every unit. New Ownership will have the opportunity to add tremendous value as there is 50% remaining rental upside through interior renovations. As a result of the neighborhood's charm and desirability, there is robust demand for housing and long-term rent growth. The asset's location along with the value-add potential for a new owner make 161 South St Andrews an excellent acquisition opportunity. Disclosure of Legal Proceedings Ownership is currently involved in the following legal matters involving the property: Tenant Habitability Lawsuit: Los Angeles Superior Court Case No. 24STCV03171 Durwood v. Waheed, involving Unit #105 who still resides at the building. Employment-Related Lawsuit: Los Angeles Superior Court Case No. 23STCV03290 Durwood v. Canul, filed by the former on-site manager who has vacated the building. Broker has not independently verified the nature or details of the legal proceedings. Buyer is strongly advised to conduct their own due diligence, including a review of all relevant court documents, with counsel of Buyer's choosing. Buyer acknowledges they may not rely on any statements or information provided by Broker. Broker makes no representations or warranties regarding the status, substance, potential outcomes, or financial, legal, or property implications of any legal proceedings. Buyer assumes sole responsibility for the evaluation of these matters.
#25582121

Los Angeles

161 S St Andrews Place

21 Beds

None Baths

15,606 Sq.Ft.

$4,050,000

MLS#: 25582121

Investor’s Dream in Prime Location! Exceptional opportunity to own a 14-unit vacant building in a highly sought-after neighborhood. Property is currently vacant and ready for your vision — perfect for a full renovation or value-add project. Solid structure with great potential for strong rental income once updated. Situated in a desirable area with close proximity to shopping, dining, public transportation, and major freeways. Whether you’re an experienced developer or a first-time investor ready to take on a larger project, this property offers endless possibilities. Don’t miss your chance to bring this building back to life and maximize its earning potential!
#SR25188061

Los Angeles

1016 W 24th Street

None Beds

None Baths

8,563 Sq.Ft.

$4,999,999

MLS#: SR25188061

The subject is a "mixed use" income property comprised of a 16 unit multi-family apartment building (built in 1961) and a separate 3 unit retail building. The property is located at the corner of a signalized intersection (Boyle and East 4th St) in the heart of Boyle Heights and adjacent to Downtown L.A. The two buildings sit on a large C2 lot located in the East Los Angeles Enterprise Zone with an Overlay Mixed Use Neighborhood Community Plan. Several of the units enjoy an incredible view of Downtown L.A. and 6th Street Bridge. Most of the units are singles, one unit is 1 bed/1 bath, and one unit is a 3 bed/2 bath. The property has been owned by the same family that built the residential units and have maintained it well with several upgrades. The property has been Earthquake Retrofitted back in June 2023. *Seller carryback financing is an option*
#MB25187229

Los Angeles

405 S Boyle Avenue

None Beds

None Baths

10,469 Sq.Ft.

$3,799,000

MLS#: MB25187229

Price Reduction! Existing 15-unit building with 12 Gut-Renovated & Brand New Units cash flowing at an amazing 6.6% Cap Rate and 11 GRM from day 1. The units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, as well as major exterior capital improvements. On top of that, the major systems have been updated including brand new roofs, electrical, plumbing, HVAC, etc. and even a brand-new fire sprinkler system for all the units that will save you tons of money on insurance costs in California! Amazing upside to 9.6% Cap Rate & 8 GRM on the proforma. Additionally, there are preliminary plans to convert the 2 existing brand-new detached ADUs into 6 detached ADUs (4 additional) to improve the numbers even further. Excellent up and coming location minutes from Banc of California Stadium, USC, & Inglewood. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency. Large ~10,554 SF TOC Tier 3 lot zoned C2 with future redevelopment potential.
#25580217

Los Angeles

5926 S Hoover Street

10 Beds

None Baths

6,709 Sq.Ft.

$3,995,000

MLS#: 25580217

2020 construction features 4 town-house style residences with bright and open floor plans that include stunning kitchens, large dining areas, open living rooms, private balconies, and massive bedrooms. All four units are 3-story town-house style residences with amazing views of the LA skyline. The unit mix consists of (2) 4 Bed + 3.5 Bath units & (2) 3 Bed + 3.5 Bath units. Modern finishes, beautiful flooring, and large windows throughout. Each unit is equipped with its own Laundry, individually metered for water, gas, and electricity. This modern, 4-plex has little to no maintenance. 1 of the 3 Bed + 3.5 Bath units will be sold vacant so this property will be great for an owner occupied buyer.
#25579873

Los Angeles

4457 Rosewood Avenue

13 Beds

None Baths

7,039 Sq.Ft.

$4,500,000

MLS#: 25579873

32-unit property with 8 apartments and 24 singles. All units have their own bathrooms and kitchens. This would be a perfect opportunity for a master lease option or purchase by a program to house their own clients. All units are to be delivered fully renovated and housing ready. A full renovation is underway which includes complete plumbing re-pipe, electrical re-wire with all brand new equipment and separate metering, mini split HVAC systems, and all new finishes. Finishes are being installed now. There is a basement laundry room and manager's unit. Start from a fresh slate and make this building your own!
#SR25185844

Los Angeles

2221 Michigan Avenue

None Beds

None Baths

9,229 Sq.Ft.

$5,290,000

MLS#: SR25185844

Welcome to 5436 Romaine- A Modern Massive Brand New 2025 Construction non rent control 5-unit building that is located in an Qualified Opportunity Zone area which offers significant tax benefits (buyers can consult with their CPA for all the benefits). This huge sleek 5-Plex features 9,437 sq ft of livable area, an unheard of projected cap rate of 6.84% in Hollywood and an unmatched price per sq ft of $423 in Hollywood well below replacement costs plus some banks potentially can do residential financing, as the 5th unit is considered an ADU. (buyer to verify). This luxury complex is comprised of two duplexes, (2) with an attached ADU on one of the duplexes, featuring (4) four beds, four baths and (1) Five bed, Five bath- ranging from approx 1800 sq ft-2100 sq ft with big bedrooms throughout. 5436 Romaine is located minutes from Larchmont, Los Feliz, Silverlake, Melrose, Netflix and Paramount Studios and it's very central location becoming very attractive for renters. Each unit has beautiful oak color vinyl flooring with a ton of natural light and additional recessed lights in all units. All units have brand new stainless steel appliances, washer, dryer and designer lovely grey kitchen cabinets with white calcatta quartz countertops, designer bathroom tiles, enormous balconies and patios, and Central A/C & Heating. The units consists of 10 total parking spaces, including covered garages and carport spaces. Each unit is separately metered for utilities. Buyer will enjoy a 1 year building warranty, low maintenance and very low expenses. Some of the units have beautiful views of the Griffith observatory, Hollywood sign and Hollywood Hills. Recent nearby 4plex building sold for $3,685,000 making this building priced very well and rare to find! Buyer to verify all!
#25578783

Los Angeles

5436 Romaine Street

21 Beds

None Baths

9,437 Sq.Ft.

$3,999,999

MLS#: 25578783

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here